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How CTO Realty Growth (CTO) makes money

CTO Realty Growth (CTO) made $46.9M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Income Properties brought in $38.5M (82%); Commercial Loans and Investments brought in $6.9M (15%); Management Services brought in $1.5M (3%).

Drawing the Sankey…

CTO Realty Growth revenue by segment, Q3 2026CTO Realty Growth revenue by segment, Q3 2026Income Properties$38.5MCommercial Loans and Investments$6.9MManagement Services$1.5M
CTO Realty Growth: revenue by line, Q1 2025 to Q3 2026CTO Realty Growth: revenue by line, Q1 2025 to Q3 2026Income PropertiesInterest Income From …Commercial Loans and …Management ServicesIncome Properties: $38.5M latest$38.5MInterest Income From Commercial Loans and Investments: $0 latestCommercial Loans and Investments: $6.9M latest$6.9MManagement Services: $1.5M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Income Properties went from 88% of revenue in Q1 2025 to 82% in Q3 2026, the largest shift in the mix.
CTO Realty Growth revenue by quarterCTO Realty Growth revenue by quarter$35.8MQ1 2025$37.6MQ2 2025$37.8MQ3 2025$38.3MQ4 2025$41.2MQ1 2026$43.8MQ2 2026$46.9MQ3 2026
CTO Realty Growth: where each dollar of revenue goesCTO Realty Growth: where each dollar of revenue goesOperating cash flow52¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Income Properties$38.5M82.0%+4%+15%
Commercial Loans and Investments$6.9M14.8%+33%+121%
Management Services$1.5M3.2%+4%+29%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$46.9M100.0%
Operating cash flow$24.6M52.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$46.9M+24%
Q2 2026$43.8M+16%
Q1 2026$41.2M+15%
Q4 2025$38.3M+7%
Q3 2025$37.8M+19%
Q2 2025$37.6M+30%
Q1 2025$35.8M+27%

From CTO Realty Growth's 10-Q filed Oct 27, 2026 (on EDGAR).

Questions

How does CTO Realty Growth make money?

CTO Realty Growth (CTO) made $46.9M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Income Properties brought in $38.5M (82%); Commercial Loans and Investments brought in $6.9M (15%); Management Services brought in $1.5M (3%).

What is CTO Realty Growth's biggest business?

Income Properties: $38.5M in the third quarter 2026, 82% of revenue, +15% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.